How Value-Based Care Ties to Physician Performance
By Claire Thayer, January 28, 2016
A recent survey by the Deloitte Center for Health Solutions finds that over the next 10 years, physicians expect as much as 50% of their compensation will be directly tied to value-based care (VBC). Developing accountability as well as physician support are essential components of VBC payment models. The Deloitte survey highlights these key factors in protecting physicians’ financial interests:
- 61% Limits to total financial risk exposure
- 46% Equitable, performance-based distribution of bonuses from shared savings
- 43% Ability to help set performance goals
Political and technical challenges exist in accurately measuring physician performance. In measuring physician quality, the Agency for Healthcare Research and Quality points out that resolving the issues listed below is critical to getting the consistent and valid results necessary for public reporting:
- Rules for attributing patients to individual physicians
- Methods for aggregating data from different sources
- Methods for creating composite scores
- Calculation of benchmarks and assignment of peer groups for comparing physician performance
- Processes for auditing/validating results
These and other issues on how value-based care ties to physician performance were the focus of a recent MCOL infographoid, highlighted below:
MCOL’s weekly infoGraphoid is a benefit for MCOL Basic members and released each Wednesday as part of the MCOL Daily Factoid e-newsletter distribution service – find out more here.
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